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( 5 points ) Creative Computing sells a tablet computer called the Protab. The $ 8 6 0 sales price of a Protab Package includes

(5 points) Creative Computing sells a tablet computer called the Protab. The $860 sales price of a
Protab Package includes the following:
One Protab computer.
A six-month limited warranty. This warranty guarantees that Creative will cover any costs that arise
due to repairs or replacements associated with defective products for up to six months.
A coupon to purchase a Creative Probook e-book reader for $140, a price that represents a 50%
discount from the regular Probook price of $280. It is expected that 25% of the discount coupons will
be utilized.
A coupon to purchase a one-year extended warranty for $50. Customers can buy the extended
warranty for $50 at other times as well. Creative estimates that 40% of customers will purchase an
extended warranty.
Creative does not sell the Protab without the limited warranty, option to purchase a Probook, and the
option to purchase an extended warranty, but estimates that if it did so, a Protab alone would sell for
$840.
All Protab sales are made in cash.
Prepare a journal entry to record sales of 102,000 Protab Packages (ignore any sales of extended
warranties).(5 points) Creative Computing sells a tablet computer called the Protab. The $860 sales price of a
Protab Package includes the following:
One Protab computer.
A six-month limited warranty. This warranty guarantees that Creative will cover any costs that arise
due to repairs or replacements associated with defective products for up to six months.
A coupon to purchase a Creative Probook e-book reader for $140, a price that represents a 50%
discount from the regular Probook price of $280. It is expected that 25% of the discount coupons will
be utilized.
A coupon to purchase a one-year extended warranty for $50. Customers can buy the extended
warranty for $50 at other times as well. Creative estimates that 40% of customers will purchase an
extended warranty.
Creative does not sell the Protab without the limited warranty, option to purchase a Probook, and the
option to purchase an extended warranty, but estimates that if it did so, a Protab alone would sell for
$840.
All Protab sales are made in cash.
Prepare a journal entry to record sales of 102,000 Protab Packages (ignore any sales of extended
warranties).
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